Common use of Surveys Clause in Contracts

Surveys. Each Borrower shall submit the Ship owned by it regularly to all periodical or other surveys which may be required for classification purposes and, if so required by the Security Trustee provide the Security Trustee, with copies of all survey reports.

Appears in 40 contracts

Samples: Loan Agreement (Diana Shipping Inc.), Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Diana Shipping Inc.)

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Surveys. Each The Borrower shall procure that each Owner shall submit the Ship owned by it regularly to all periodical or other surveys which may be required for classification purposes and, if so required by the Security Trustee Majority Lenders, provide the Security Trustee, Trustee (at the expense of the Borrower) with copies of all survey reports.

Appears in 21 contracts

Samples: Loan Agreement (Paragon Shipping Inc.), Amending and Restating Agreement (Paragon Shipping Inc.), Loan Agreement (Star Bulk Carriers Corp.)

Surveys. Each Borrower shall submit the Ship owned by it regularly to all periodical periodic or other surveys which may be required for classification purposes and, if so required by the Security Trustee Facility Agent acting on the instructions of the Majority Lenders, provide the Security TrusteeFacility Agent, with copies of all survey reports.

Appears in 19 contracts

Samples: Facility Agreement (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Partners L.P.), Term Loan Facility (Navios Maritime Partners L.P.)

Surveys. Each The Borrower shall submit the Ship owned by it regularly to all periodical or other surveys which may be required for classification purposes and, if so required by the Security Trustee provide the Security Trustee, with copies of all survey reports.

Appears in 17 contracts

Samples: Loan Agreement (EuroDry Ltd.), Amending and Restating Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Acquisition CORP)

Surveys. Each The Borrower shall procure that each Owner shall submit the Ship owned by it regularly to all periodical or other surveys which may be required for classification purposes and, if so required by the Security Trustee provide the Security Trustee, with copies of all survey reports.

Appears in 9 contracts

Samples: Loan Agreement (Capital Product Partners L.P.), Loan Agreement (Capital Product Partners L.P.), Deed of Amendment and Restatement (Capital Product Partners L.P.)

Surveys. Each Borrower Borrower, at its sole expense, shall submit the Ship owned by it regularly to all periodical or other surveys which may be required for classification purposes and, if so required by the Security Trustee Trustee, provide the Security Trustee, at that Borrower’s sole expense, with copies of all survey reports.

Appears in 9 contracts

Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.)

Surveys. Each Borrower shall submit the Ship owned by it regularly to all periodical or other surveys which may be required for classification purposes and, if so required by the Security Trustee Lenders provide the Security Trustee, with copies of all survey reports.

Appears in 7 contracts

Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Partners L.P.)

Surveys. Each The Borrower shall procure that each Owner shall submit the Ship owned by it regularly to all periodical or other surveys which may be required for classification purposes and, if so required by the Security Trustee Majority Lenders provide the Security Trustee, with copies of all survey reports.

Appears in 6 contracts

Samples: Loan Agreement, Loan Agreement, Loan Agreement (Capital Product Partners L.P.)

Surveys. Each Borrower shall submit the Ship owned by it regularly to all periodical or other surveys which may be required for classification purposes and, if so required by the Security Trustee provide the Security Trustee, with copies of all survey reportsreports prepared by surveyors appointed by the Borrowers and, if required by the Security Trustee, by a surveyor appointed by the Security Trustee at the Borrowers’ cost.

Appears in 5 contracts

Samples: Amending and Restating Deed, Amending and Restating Deed (Global Ship Lease, Inc.), Second Amending and Restating Deed (Global Ship Lease, Inc.)

Surveys. Each Borrower shall submit the Ship owned by it regularly to all periodical or other surveys which may be required for classification purposes and, if so required by all the Security Trustee Lenders provide the Security Trustee, with copies of all survey reports.

Appears in 3 contracts

Samples: Loan Agreement (Navios Maritime Holdings Inc.), Loan Agreement (Navios Maritime Holdings Inc.), Loan Agreement (Navios Maritime Holdings Inc.)

Surveys. Each Borrower Borrower, at its sole expense, shall submit the Ship owned by it regularly to all periodical or other surveys which may be required for classification purposes and, if so required by the Security Trustee Trustee, provide the Security Trustee, at that Xxxxxxxx’s sole expense, with copies of all survey reports.

Appears in 3 contracts

Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Scorpio Tankers Inc.), Loan Agreement (Scorpio Tankers Inc.)

Surveys. Each Borrower The Borrowers shall submit the Ship owned by it Ships regularly to all periodical or other surveys which may be required for classification purposes and, if so required by the Security Trustee provide the Security Trustee, with copies of all survey reports.

Appears in 3 contracts

Samples: Amending and Restating Agreement (TBS International PLC), Amending and Restating Agreement (TBS International PLC), Loan Agreement (TBS International LTD)

Surveys. Each The Borrower shall submit procure that each Owner shall (in the case of the Ship owned by it it) submit the Ship regularly to all periodical or other surveys which may be required for classification purposes and, if so required by the Security Trustee provide the Security Trustee, with copies of all survey reports.

Appears in 2 contracts

Samples: Loan Agreement (Britannia Bulk Holdings Inc), Loan Agreement (Britannia Bulk PLC)

Surveys. Each Borrower shall submit the Ship owned by it regularly to all periodical or other surveys which may be required for classification purposes (but, which for the avoidance of doubt, shall not restrict that Borrower asking for, and obtaining, an extension of a survey wherever it considers appropriate to do so) and, if so required by the Security Trustee provide the Security Trustee, with copies of all survey reports.

Appears in 2 contracts

Samples: Loan Agreement (Costamare Partners LP), Loan Agreement (Costamare Partners LP)

Surveys. Each The Borrower shall submit the Ship owned by it regularly to all periodical or other surveys which may be required for classification purposes and, if so required by the Security Trustee Majority Lenders provide the Security Trustee, with copies of all survey reports.

Appears in 2 contracts

Samples: Loan Agreement (Euronav NV), Loan Agreement (Euronav NV)

Surveys. Each Borrower shall submit the Ship owned by it regularly to all periodical or other surveys which may be required for classification purposes and, if so required by the Security Trustee Trustee, provide the Security Trustee, with copies of all survey reports.

Appears in 2 contracts

Samples: Term Loan Facility Agreement (Navios Maritime Partners L.P.), Supplemental Agreement (Navios Maritime Containers Inc.)

Surveys. Each Borrower Owner shall submit the Ship owned by it regularly to all periodical or other surveys which may be required for classification purposes and, if so required by the Security Trustee provide the Security Trustee, with copies of all survey reports.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement (Product Shipping Ltd.)

Surveys. Each The Borrower shall procure that each Owner shall submit the Ship owned by it regularly to all periodical or other surveys which may be required for classification purposes and, if so required by the Security Trustee Trustee, provide the Security Trustee, Trustee with copies of all survey reports.

Appears in 2 contracts

Samples: Loan Agreement (Danaos Corp), Loan Agreement (Danaos Corp)

Surveys. Each Borrower shall submit the Ship owned by it regularly to all periodical or other surveys which may be required for classification purposes and, if so required by the Security Trustee Majority Lenders provide the Security Trustee, with copies of all survey reports.

Appears in 2 contracts

Samples: Loan Agreement (Capital Product Partners L.P.), Loan Agreement (Capital Product Partners L.P.)

Surveys. Each The Borrower shall procure that each Owner shall submit the Ship owned by it regularly to all periodical or other surveys which may be required for classification purposes (but, which for the avoidance of doubt, shall not restrict an Owner asking for, and obtaining, an extension of a survey whenever it considers appropriate to do so) and, if so required by the Security Trustee provide the Security Trustee, with copies of all survey reports.

Appears in 2 contracts

Samples: Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.)

Surveys. Each The Borrower shall procure that the Owner shall submit the Ship owned by it regularly to all periodical or other surveys which may be required for classification purposes and, if so required by the Security Trustee provide the Security Trustee, with copies of all survey reports.

Appears in 2 contracts

Samples: Loan Agreement (Capital Product Partners L.P.), Loan Agreement (Capital Product Partners L.P.)

Surveys. Each The Borrower shall submit procure that each Owner submits the Ship owned by it regularly to all periodical or other surveys which may be required for classification purposes and, if so required by the Security Trustee provide the Security Trustee, with copies of all survey reports.

Appears in 2 contracts

Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Acquisition Corp)

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Surveys. Each Borrower shall submit the Ship owned by it regularly to all periodical or other surveys which may be required for classification purposes and, if so required by the Security Trustee Agent, provide the Security Trustee, Agent with copies of all survey reports.

Appears in 2 contracts

Samples: Facility Agreement (NewLead Holdings Ltd.), Facility Agreement (NewLead Holdings Ltd.)

Surveys. Each Borrower The Borrower, at its sole expense, shall submit the Ship owned by it regularly to all periodical or other surveys which may be required for classification purposes and, if so required by the Security Trustee Trustee, provide the Security Trustee, at the Borrower’s sole expense, with copies of all survey reports.

Appears in 2 contracts

Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.)

Surveys. Each The Borrower shall submit the Ship owned by it regularly to all periodical or other surveys which may be required for classification purposes and, if so required by the Security Trustee Lenders provide the Security Trustee, with copies of all survey reports.

Appears in 2 contracts

Samples: Loan Agreement (Navios Maritime Containers Inc.), Loan Agreement (StealthGas Inc.)

Surveys. Each Borrower shall submit the Ship owned by it regularly to all periodical or other surveys which may be required for classification purposes and, if so required by the Security Trustee Agent provide the Security Trustee, with copies of all survey reports.

Appears in 1 contract

Samples: Loan Agreement (Dynagas LNG Partners LP)

Surveys. Each The relevant Borrower shall submit the Ship owned by it it, at its sole expense, regularly to all periodical or other surveys which may be required for classification purposes and, if so required by the Security Trustee provide the Security Trustee, at such Borrower’s expense, with copies of all survey reports.

Appears in 1 contract

Samples: Loan Agreement (Scorpio Tankers Inc.)

Surveys. Each The Borrower shall submit the Ship owned by it regularly to all periodical or other surveys which may be required for classification purposes and, if so required by the Security Trustee Trustee, provide the Security Trustee, Trustee with copies of all survey reports.

Appears in 1 contract

Samples: Loan Agreement (B Plus H Ocean Carriers LTD)

Surveys. Each The Borrower shall submit the Ship owned by it Ship, at its sole expense, regularly to all periodical or other surveys which may be required for classification purposes and, if so required by the Security Trustee provide the Security Trustee, at the Borrower’s expense, with copies of all survey reports.

Appears in 1 contract

Samples: Loan Agreement (Scorpio Tankers Inc.)

Surveys. Each The Borrower shall procure that each Owner shall submit the Ship owned by it regularly to all periodical or other surveys which may be required for classification purposes (but, which for the avoidance of doubt, shall not restrict an Owner asking for, and obtaining, an extension of a survey wherever it considers appropriate to do so) and, if so required by the Security Trustee provide the Security Trustee, with copies of all survey reports.

Appears in 1 contract

Samples: Loan Agreement (Costamare Partners LP)

Surveys. Each Borrower It shall submit the Ship owned by it regularly to all periodical or other surveys which may be required for classification purposes and, if so required by the Security Trustee Lender provide the Security TrusteeLender, with copies of all survey reports.

Appears in 1 contract

Samples: Loan Agreement (Mc Shipping Inc)

Surveys. Each The Borrower shall procure that each Owner shall submit the Ship owned by it regularly to all periodical or other surveys which may be required for classification purposes and, if so required by the Security Trustee provide provide, the Security Trustee, Trustee with copies of all survey reports.

Appears in 1 contract

Samples: Loan Agreement (Tsakos Energy Navigation LTD)

Surveys. Each Borrower Borrower, at its sole expense, shall submit the Ship owned by it regularly to all periodical periodic or other surveys which may be required for classification purposes and, if so required by the Security Trustee Trustee, provide the Security Trustee, at that Borrower's sole expense, with copies of all survey reports.

Appears in 1 contract

Samples: Loan Agreement (Scorpio Bulkers Inc.)

Surveys. Each Borrower It shall submit the Ship owned by it regularly to all periodical or other surveys which may be required for classification purposes and, if so required by the Security Trustee Trustee, provide the Security Trustee, Trustee with copies of all survey reports.

Appears in 1 contract

Samples: Loan Agreement (Mc Shipping Inc)

Surveys. Each The Borrower shall submit the Ship owned by it regularly to all periodical or other surveys which may be required for classification purposes and, if so required by the Security Trustee provide the Security Trustee, with copies of all survey reportsreports and shall allow the Security Trustee’s representatives to conduct a comprehensive inspection of the Ship’s records when and if required by the Security Trustee.

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)